J.V.Modi Securities Limited
About J.V.Modi Securities Limited
Data last updated:
J.V.Modi Securities Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U67120MP1995PLC008955.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Surendra Patwa and Sanjeev Vyas.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Lasuldia Mori Dewas Naka A.B. Road Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.6 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹3,764 (net margin 0.6%) and EBITDA of ₹4,460 (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
J.V.Modi Securities Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressLasuldia Mori Dewas Naka A.B. Road Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of J.V.Modi Securities Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of J.V.Modi Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of J.V.Modi Securities Limited, buy the company report.
Financials of J.V.Modi Securities Limited
FY 2022 filings availableJ.V.Modi Securities Limited reported revenue of ₹6.6 Lakh (down 47% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 47% fall in the latest year. EBITDA fell 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹4,460 | ||||
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| Net Profit (PAT) | ₹3,764 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of J.V.Modi Securities Limited, buy the company report.
Board of directors of J.V.Modi Securities Limited
J.V.Modi Securities has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Patwa Also directs: Patwa Abhikaran Ratlam Pvt. Ltd. | Director | 17 May 2004 | 22 Years 5 Months | Current |
| Tanmay Patwa | Additional Director | 06 Mar 2020 | 6 Years 7 Months | Current |
| Sanjeev Vyas Also directs: Urvarak Abhikaran Neemuch Pvt Ltd | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
J.V.Modi Securities Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiranglobal Business Investment Limited | ₹6.65 Lakh (FY 2025) | -36.0% | Chennai, Tamil Nadu, India | |||
| Meenakshi Steel Industries Limited | ₹6.62 Lakh (FY 2019) | 240.0% | New Delhi, Delhi, India | |||
| J.V.Modi Securities Limitedthis company | ₹6.6 Lakh (FY 2022) | ₹3,764 | 0.6% | -47.0% | Indore, Madhya Pradesh, India | |
| Jacaranda Capital Limited | ₹6.58 Lakh (FY 2024) | 62.0% | New Delhi, Delhi, India | |||
| Kashmir Motor and General Finance Private Limited | ₹6.56 Lakh (FY 2025) | -76.0% | Kolkata, West Bengal, India | |||
| Viva Finance and Investments Private Limited | ₹6.55 Lakh (FY 2019) | -40.0% | Thane, Maharashtra, India | |||
| Fairwealth Financial Services Limited | ₹6.54 Lakh (FY 2023) | -16.0% | New Delhi, Delhi, India |
To see the full peer comparison of J.V.Modi Securities Limited, buy the company report.
Auditor
J.V.Modi Securities Limited is audited by C LASOD & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C LASOD & ASSOCIATES | FY 2017 | 006842C |
Shareholding
The shareholding of J.V.Modi Securities Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of J.V.Modi Securities Limited, buy the company report.
Legal cases
No court or tribunal cases involving J.V.Modi Securities Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for J.V.Modi Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for J.V.Modi Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
J.V.Modi Securities Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Ajit Kumar Jain ceased to be Director on 18 Mar 2020.
Frequently asked questions
J.V.Modi Securities is an active public limited company based in Indore, Madhya Pradesh, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 January 1995 (31+ years old) and is registered under CIN U67120MP1995PLC008955.
J.V.Modi Securities has 3 current directors:
- Surendra Patwa - Director
- Tanmay Patwa - Additional Director
- Sanjeev Vyas - Director
The latest financial statements of J.V.Modi Securities on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of J.V.Modi Securities is U67120MP1995PLC008955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J.V.Modi Securities was incorporated on 18 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of J.V.Modi Securities by revenue are Kiranglobal Business Investment Limited, Meenakshi Steel Industries Limited, Jacaranda Capital Limited, Kashmir Motor and General Finance Private Limited, Viva Finance and Investments Private Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ajit Kumar Jain ceased to be Director on 18 Mar 2020. Tanmay Patwa was appointed as Additional Director on 06 Mar 2020. Lokendra Panwar ceased to be Director on 13 Jun 2019. J.V.Modi Securities has 6 board changes on record in total.
The registered office of J.V.Modi Securities is at Lasuldia Mori Dewas Naka A.B. Road Indore, Madhya Pradesh, India – 452001.
J.V.Modi Securities operates in the financial services industry, in the nbfc segment.
The compliance status of J.V.Modi Securities is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.
J.V.Modi Securities can be reached at its registered office: Lasuldia Mori Dewas Naka A.B. Road Indore, Madhya Pradesh, India – 452001.